robot trading

[blackice]

hi i am using robot for trading
i must hold position down to 40 pip of loss on usdjpy for one trade
my account is 500 leverage
my balance is 600$
wath would the maximum trade size?
thank you.

 

[blackice]

the stop out is 50%

 

[adcrook]

you can use a pip calculator to work this out i think is the best way you have not said what your risk to reward is?

 

[Gromvelt]

It is a pity that you work with a robot. It seems to me that independent work is something more effective and forward-looking.

 

[Purecaster]

High risks. Large leverage.
What is the point price??

 

[Kokomaster]

To depend just on the robot is not a good practice, it will make you dependent and handicap that you will not be able to work independently. robot trading can be helpful for some times, it is not reliable for routine practice. If someone has a lot of money and can bear heavy loss he can do trading with robots regularly.

 

[fxoday]

I think before starting the robot in a real account, if possible test first on the demo account, although the result will not the same, at least will get a viewpoint about the result, but indeed this is also time-consuming and might not all trader will have patience to done